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Feb 20, 2013
02/13
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this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say nothing happens. the unemployment rate is stuck around 8%. this is a pretty lousy time for nothing to happen. in fact, if you look at the cbo projections, the projection with the sequester taking effect is for the unemployment rate to be 7.9% the first half of this year, 8% for the second half of this year. so, basically stuck at a place that's really very disadvantageous for so many workers. >> jared, let me interrupt this colloquy here and ask you, jared, we know that there are other looming fiscal fights, the march 27th deadline for the continuing resolution, bu
this is not like the debt ceiling or even the fiscal cliff. this is not doomsday even if it does happen. it's just stupid and we shouldn't do it. >> ezra, a couple of things here. first of all, for a long time, the stock market and the economy, as from the perspective of working people, have been at least two different things, correct? one thing, you can see the stock market doing fine. that might have a lot more to do with china than what is to happen march 1st. secondly, let's say...
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Feb 20, 2013
02/13
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cliff, debt ceiling and now sequester, they don't have to get anything done, even when they put the guillotine over their own necks to get something done, they still won't get anything done. is that why glenn beck doesn't like chris christie anymore? >> jonathan, krystal and nia-malicka, thank you. coming up the vice president loads both barrels. >>> first off, the chinese have hacked my blackberry. i can't open up any of my e-mails. they're sitting here being held hostage. i click on them and they don't open. oh, yeah, i could have put the back on first. [ male announcer ] when ziggy the cat appeared at their door, he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. ♪ they hatin' ♪ patrolling they tryin' to catch me ridin' dirty ♪ ♪ tryin' to catch me
cliff, debt ceiling and now sequester, they don't have to get anything done, even when they put the guillotine over their own necks to get something done, they still won't get anything done. is that why glenn beck doesn't like chris christie anymore? >> jonathan, krystal and nia-malicka, thank you. coming up the vice president loads both barrels. >>> first off, the chinese have hacked my blackberry. i can't open up any of my e-mails. they're sitting here being held hostage. i...
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Feb 20, 2013
02/13
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it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they don't like who we have elected as president, they find some way to undermine the president. whatever it takes to destroy it. we are using in this country the same old cold war cia tactics to destabilize our own country. look at the impact this constant threats to shut down the
it's relentless, the fiscal abyss, the debt ceiling. different words, different deadlines all detonate the same explosion. they threaten to crash the government if they don't like the way it's doing something. if they don't like who the american people have elected as republican. isn't what the republicans did in the old days? if they didn't like a government somewhere, guatemala, iran, chile, they just brought it down. guess what? republicans are now using the same tactic here at home. if they...
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Feb 20, 2013
02/13
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and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just figuring out ways to come up with a new deal? this was supposed to be the deal. this was supposed to be the thing that forced action. >> right. >> what was the point of it if we're not going to enforce it? >> that's a very good question. what was the point of it? the point of it was that people had crawled out on a limb, and they needed to come off it somehow. the very people who crawled out on that limb are now saying, how did we ever get here? you made me do it. it is ridiculous. and unfortunately, you know, what's that hillary clinton line that she used to use? the definition of madness is doing the same th
and remember, we also have the issue of funding the government and the debt ceiling fight coming up again in may. so there's a lot of uncertainty around fiscal policy, around government contracting of all kinds. so it's going to be a sort of rolling snowball effect, i might call it, where it gets bigger and bigger. and by may this may be the only thing we're talking about. >> richard, one could wonder at this point, what was the point of setting the sequester limit if now we're just...